Cbus

Pensions Watchdog Investigates Cbus Over High Expense Bills

12 hours ago

In a significant move that reverberates through Australia’s financial landscape, the pensions watchdog has initiated an inquiry into Cbus, one of the country's largest industry superannuation funds. This investigation revolves around allegations concerning excessive expense claims submitted by the fund’s administration. The inquiry aims to ensure transparency and accountability within the pension fund management ecosystem, particularly in light of rising scrutiny over financial governance.

Massachusetts Launches Ambitious $8 Billion Public Transit Investment Plan

27 days ago

In a bold move to revitalize its public transit system, Massachusetts has announced an extensive funding initiative amounting to $8 billion. This significant investment aims to enhance transportation infrastructure across the state, addressing long-standing issues and improving overall service for millions of residents who rely on public transportation daily. Governor Maura Healey heralded the plan as a critical step towards modernizing transit options while combating climate change and promoting economic growth.

India’s Affordable Electric Buses Provide a Blueprint for Sustainable Urban Transport

2 months ago

In a groundbreaking move towards sustainable urban transport, India is setting a compelling example for developing nations with its new initiative to deploy affordable electric buses (e-buses). With escalating concerns over air pollution and climate change, India’s public transport sector is undergoing a significant transformation. The country aims to bolster its commitment to clean energy while enhancing the accessibility and affordability of public transportation for millions.